Moderator Emerita
Community Leader
Epic Contributor
Community Leader
Epic Contributor
Posts: 28,112
Registered:
04-01-2007
Re: Closing Aged Accounts.. Yes It Is Ok
06-04-2009 11:08 AM
It is true that you should try to hang onto your oldest account as long as possible, and this is repeated many, many places.
But it should have continued to report for ten years after closing. If it vanished immediately, something's wrong.
And Experian doesn't understand FICO scoring.
But it should have continued to report for ten years after closing. If it vanished immediately, something's wrong.
And Experian doesn't understand FICO scoring.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
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